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Earnings Analysis: 
Rowan Posts More than Double Earnings
Author: Albena Toncheva
123jump.com
Last Update: 9:48 AM EDT July 25 2006



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The latest quarter results of the contract drilling services provider include gains amounting to $24.4 million, or 14 cents a share, associated with asset sales. Revenue increased $382.9 million from $244.6 million last year. The management forecasts worldwide demand for the company’s products and services to remain strong, despite the surging commodity prices.

 

 

 

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